GoDaddy Inc Class A
GDDY: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| X#@ | LOCK|jh | LOCK|mV&cX%q |
GoDaddy Earnings: Growing Adoption of AI Tools Supports Improved Monetization
GoDaddy reported second-quarter revenue of $1.2 billion, up 8% year over year due to domain renewals and growing adoption of its artificial intelligence tools. Normalized adjusted EBITDA margin was 31%, up 180 basis points year over year due to favorable product mix and pricing tailwinds
